Ukraine: coal output down in January 2018

In January Ukraine mined 2.659 million tons of coal, down by 27.3% YoY. According to the Ministry of Energy and Coal Industry, power-generating coal output dropped by 31.9%, or by 984 thousand tons, to 2.1 million tons, and coking coal – by 2.95%, or by 16 thousand tons, to 559 thousand tons. State mines decreased…

Russia: UEM tellurium output up in 2017

In 2017 Uralelectromed produced 44 tons of tellurium with the purity of 99.95%, up by 2.5% YoY.

Moreover, for the first time the company produced 130 kg of 99.999% tellurium.

UEM commissioned the tellurium production site in 2013.

The cost of the project was 105 million rubles. (Ukrainian metal)

Russia: Evraz NTMK decreases air pollution

In 2017 Evraz NTMK decreased air pollution by 3.7% YoY. Last year the company repaired dust exhaust systems at major divisions, including at three ladle furnaces in the converter shop, foundry shops and slurry utilization site. The modernized machine of dry coke quenching was put into operation in the by-product coke shop. The project will…

Russia: Potanin to buy Abramovich stake in Nornickel

Vladimir Potanin’s Interros Holding has offered Crispian Investments Ltd, affiliated with Roman Abramovich and his partners, to buy its share in Norilsk Nickel.

Interros already has 30.3% in Nornickel. Rusal owns 27.8% and Crispian Investments – 4.95%.

The cost of the shares that Interros wants to buy is estimated at 90 billion rubles. (Ukrainian metal)

Ukraine: AMKR provides free health improvement for those, who served in ATO zone

PJSC ArcelorMittal Kriviy Rih decided to support its employees, who served in ATO zone. Starting from this year, they can take a course on health improvement and therapy in the company’s healthcare center Dzherelo. They will be provided with the full remedial complex, accommodation in comfortable rooms and meals. The healthcare center is of general…

Ukraine: AMKR presents investments projects

PJSC ArcelorMittal Kriviy Rih presented its investment activity during the meeting with regional deputies and representatives of German society for international cooperation GIZ. The seminar took place with participation of Consul-General of German Federal Republic Wolfgang Mössinger and Head of Dnipropetrovsk Regional Council Gleb Prygunov. Environment, infrastructure and trade became the main seminar themes. GIZ…

Russia: Polyus profits down in 2017

In 2017 Polyus received $1.241 billion of net profit, down by 14% YoY, or 72.191 billion rubles, down by 24.2%. Revenue grew by 11%, to $2.721 billion, EBITDA – by 11%, to $1.7 billion. In Q4 2017 Polyus net profit dropped by 28% QoQ, to $267 million, and corrected net profit by 19%, to $242…

Russia: Zabaykalye coal output down in January 2018

In January Zabaykalye region mined 1904.42 thousand tons of coal, down by 8% YoY.

10 companies are mining for coal in the region. The leaders are Razrez Tugnuysky, Razrez Kharanorskiy and Chitaugol LLC.

Two companies – Takecha LLC and Kutinskiy Razrez LLC – have not started mining. (Ukrainian metal)

Ukraine: scrap deliveries up in January 2018

In January Ukraine procured 279 thousand tons of scrap, up by 16% YoY, but down by 22% MoM.

Of this volume domestic metal companies received 245 thousand tons, down by 20% MoM, but up by 7% YoY.

Exports decreased by 35% MoM, but grew 3.4-fold YoY, to 34 thousand tons. (Ukrainian metal)